RUSSIANS AND CHINESE SNATCH THE REAL ESTATES FROM UNDER THE HUNGARIAN NOSE

We should not believe that the real estate
prices skyrocket just because of the peculiarities of the Hungarian economy. Thousands
keep the flat prices high in order to prepare for the buying of rich
foreigners. And all those people having arrived with residency bonds for non-EU
citizens do not deceive hopes.

According to the data of the governmental site www.kormany.hu, published on Tuesday (21.03.2017) last year 3163 properties have
been bought by foreigners.

The most real estates found new owners in the
7th district of Budapest. Well off immigrants acquired 321 immovables there.

On the countryside Hévíz was the most popular
city. 58 foreigners bought in there, among them 44 Russians.